ESH Acquisition announced that its units will no longer trade as of today, and that stock and rights will begin trading separately.
Stock and rights list on the Nasdaq Global and trade under the ticker symbols ESHA and ESHAR. This is a mandatory and automatic separation, the SPAC said.
Each unit consists of one share and one right, which is good for one-tenth of a share upon completion of a merger.
ESH raised $100 million in an IPO last month. It is broadly focused on sports, hospitality, and the music and entertainment sectors. Read more.
